Ukheshe & EFT Corporation Shake Up Fintech Market with Transaction

January 19, 2024
1 min read

-Ukheshe International has acquired 100% of EFT Corporation Limited (EFTCorp) from parent Loita Transaction Services (LXS)

-This transaction follows on Ukheshe’s 2022 acquisition of Masterpass in South Africa and the closing of their funding partnership with Development Partners International (DPI) in 2023

In an important development for the African fintech industry, Ukheshe International has announced its acquisition of EFT Corporation Limited (EFTCorp) from parent company Loita Transaction Services. This acquisition comes after Ukheshe’s previous acquisition of Masterpass in South Africa and their funding partnership with Development Partners International. The move positions Ukheshe as a major player in the African fintech ecosystem, further expanding its presence and influence in the market.

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